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03.23.17Ultra Petroleum Corp. Announces Hedging Transactions
HOUSTON, March 23, 2017 /PRNewswire/ -- Ultra Petroleum Corp. ("Ultra") (OTC: UPLMQ) announced that it has entered into new NYMEX natural gas swaps for approximately 119 Bcf for the months of April 2017 through October 2017.  The hedges are at an average price of $3.17 per MMBtu, or $3.34 per Mcf.  The hedged volumes are equivalent to nearly 50% of remaining forecasted production guidance for the remainder of the year, assuming the midpoint of guidance, and 100% of the PDP volumes required to be... 
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03.15.17Ultra Petroleum Announces 2017 Capital Investment Program And Financial And Operational Guidance
HOUSTON, March 15, 2017 /PRNewswire/ -- Ultra Petroleum Corp. ("Ultra") (OTC: UPLMQ) announced its capital investment program and financial and operational guidance for 2017. The company's Board of Directors approved the planned 2017 drilling and completion capital budget of $500.0 million. With this investment, Ultra is targeting production of 795 to 820 million cubic feet equivalent (MMcfe) per day, an increase of approximately 7% to 10% when compared to 2016 exit production rates. ... 
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02.23.17Ultra Petroleum Announces New Gas Processing Contracts
HOUSTON, Feb. 23, 2017 /PRNewswire/ -- Ultra Petroleum Corp. ("Ultra") (OTC: UPLMQ) announced that it has renegotiated its existing gas processing contracts with Enterprise Products Partners L.P. and Williams Partners L.P (or their respective subsidiaries) and the U.S. Bankruptcy Court approved these contracts on February 22, 2017. Ultra expects these new contracts to provide the following financial benefits related to its operations at its prolific Pinedale Field asset in Wyoming: Proc... 
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02.22.17Ultra Petroleum Announces 2016 Financial And Operating Results
Ultra Petroleum Reports Year-End 2016 Reserves Company Provides Reorganization Update HOUSTON, Feb. 22, 2017 /PRNewswire/ -- Ultra Petroleum Corp. (OTC: UPLMQ) reported fourth quarter and full-year 2016 operating and financial results. Highlights include: Reduced lease operating expense to $0.32 per Mcfe during 2016, a 14% reduction from 2015, Increased cash balance to $401.5 million at December 31, 2016, Produced 281.7 Bcfe of natural gas and crude oil, and Generated operating ... 
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02.22.17Ultra Petroleum Corp. To Webcast Fourth Quarter 2016 Results
HOUSTON, Feb. 22, 2017 /PRNewswire/ -- Ultra Petroleum Corp. (OTC: UPLMQ) announces the following Webcast to discuss its fourth quarter 2016 financial and operating results: What: Ultra Petroleum Corp. Fourth Quarter 2016 Results Webcast When: February 22, 2017 at 11:00 a.m. Eastern Standard Time Where: http://www.ultrapetroleum.com How: Live over the internet v... 
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02.14.17Ultra Petroleum Corp. To Webcast Fourth Quarter 2016 Results
HOUSTON, Feb. 14, 2017 /PRNewswire/ -- Ultra Petroleum Corp. (OTC: UPLMQ) announces the following Webcast to discuss its fourth quarter 2016 financial and operating results: What: Ultra Petroleum Corp. Fourth Quarter 2016 Results Webcast When: February 22, 2017 at 11:00 a.m. Eastern Standard Time Where: http://www.ultrapetroleum.com How: Live over the internet v... 
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01.17.17Ultra Petroleum Announces Settlement Of Claim With Rockies Express Pipeline
HOUSTON, Jan. 17, 2017 /PRNewswire/ -- Ultra Petroleum Corp. ("Ultra") (OTC: UPLMQ) announces that it has reached an agreement to settle Rockies Express Pipeline LLC's ("REX") $303.0 million breach of contract claim. The settlement will be submitted to the U.S. Bankruptcy Court for approval and will be implemented in connection with Ultra's chapter 11 plan of reorganization. The settlement includes a cash payment of $150.0 million to REX six months after Ultr... 
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